Electronic circuit manufacturer SMT Intelligence raises $68 million from the Fonds FTQ
SMT uses robotics, AI to produce over eight million electronic circuits annually.
hardware
Promise Robotics nets $20.8-million CAD Series A to speed up home building with robots
The startup turns standard industrial robots into plug-and-play homebuilding systems.
Damon Motors revs up to go public on the Nasdaq via reverse merger
The reverse merger will be completed with a UK-based spinoff of Inpixon.
Compound semiconductor pioneer GaN Systems joins Infineon with close of $830-million USD acquisition
Son of GaN Systems co-founder John Roberts calls deal “a boon for Canada.”
Google and Nvidia-backed CentML secures $37 million CAD to help companies deploy AI amid chip shortages
Toronto startup wants to help AI hardware “starvation period” by optimizing ML models.
Stuart Lombard, Ecobee founding CEO and president, announces retirement
Chief product officer Greg Fyke has assumed the role of president.
As semiconductor re-shoring efforts heat up, SILICAN urges feds to provide more targeted domestic chip support
New report comes after US commits over $50 billion to its own domestic chip sector.
With new funding, Astrus has secured $3.6 million CAD to date for its AI microchip design offering
Astrus wants to cut down the time-consuming analog microchip design process.
Conexus, Emmertech alum Sean O’Connor joins TechBrew Robotics as CEO
TechBrew is an Emmertech portfolio firm that builds mushroom-picking robots.
HaiLa Technologies closes $14 million CAD strategic investment featuring Japanese manufacturer Murata Electronics
HaiLa says funding will fuel R&D for its IoT chips and solutions.
GHGSat closes Series C1 to launch more greenhouse gas emissions-monitoring satellites
The Montréal-based startup secured $59.9 million CAD but did not disclose equity/debt split.
VentureLab appoints semiconductor industry leader Hugh Chow as CEO
Hong Kong-born Chow sees room for VentureLab to extend itself globally.
Dcbel closes $50-million USD Series B led by climate-focused Idealist Capital
Smart home energy startup offers bidirectional EV charging.
Samsung, Hyundai, Kia back AI chip manufacturer Tenstorrent in $100-million USD round
Tenstorrent receives major backing from strategic investors ahead of planned Series D round next year.
Ditch Labs secures $3.25 million to treat nicotine addiction with tech
Montréal startup set its sights on a massive public health issue.